Tax credits spark new jobs and economic growth in Indian Country

Travois’ clients continue to use our services and capital to do amazing things. We recently passed the $35 million mark for New Markets Tax Credit (NMTC) closings in 2012. We expect our remaining $35 million to close in the coming weeks. Because of our clients’ dedication to amazing high-impact projects, Travois New Markets is on pace to have its best year yet. We thank our advisory board and our outstanding partners and are excited about future opportunities.

This is a good opportunity to step back and look at the patterns that seem to be emerging from Indian Country’s use of the NMTC program. At Travois, we are open to a diversity of projects but we see health care, education and infrastructure come through as common themes. We are not surprised.

Leaders can’t build new houses and new businesses without quality infrastructure in place. Students can’t develop their human capital without top-quality education. Workers can’t provide for their families unless they are healthy. Indian Country’s economic development leaders across America know this and are using NMTCs to close critical funding gaps.

Take a look at our web site to see what our clients have accomplished over the years.

Then take a look at our Q&A to think about whether your planned project might be a good fit for NMTCs.

Call us any time to talk about your economic development goals and ways we might help you reach them. Click here for contact information.